Category: gambling

‘The Gambling Commission has defended its handling of the controversial closure of the online bookmaker BetBright, which decided to void bets with a potential payout of around £1m when it ceased operations last week, saying that customers of the firm would have received nothing back had the firm gone into liquidation.’

‘The UK’s Gambling Commission has warned the industry over the use of gagging orders, after incidents of consumers being paid substantial sums of money in return for agreeing not to talk to the regulator.’

‘The Commercial Court has found in favour of Mr Greenhouse (represented by Andrew George QC and Daniel Cashman) on every issue before it, in relation to a contractual commission dispute in the gambling/electronic payment sector.’

‘Three online casino companies have been fined and one has been prevented from operating in the UK following a crackdown by the industry regulator. The Gambling Commission has fined three firms almost £14m for not having “effective safeguards” to prevent money laundering and harm to customers from gambling.’

‘Theresa May has been forced into an embarrassing climbdown as ministers announced they would bring forward curbs to tackle highly addictive fixed-odd betting terminals in the face of considerable opposition from MPs and campaigners.’

‘Pre-teens are being targeted with adverts for inappropriate alcohol and gambling, the chief executive of the advertising regulator has warned, as he called on social media firms to do more to protect children.’

‘Gambling providers in Britain could lose the right to operate if they fail to comply with UK advertising rules, privacy regulations or consumer protection law under new licensing requirements set to apply from later this year.’

‘The Gambling Commission has said it was misled by Ladbrokes during its investigation into the Black Dave case, which ended on Wednesday with a statement warning bookmakers about their handling of Rule 4 deductions in horse racing. The trainer David Evans was fined last year by racing’s ruling body for delaying notification of a non-runner, Tango Sky, so that he could back his other entrant, Black Dave, before its odds shortened, and he told Ladbrokes of his plan to withdraw Tango Sky at the time of placing his bet.’

‘Online gambling firm 32Red has been handed a £2m fine for failing to protect a problem gambler and granting the customer VIP status. The Gambling Commission identified 22 incidents where the vulnerable customer’s behaviour should have raised red flags, including one where they told 32Red staff that they had spent too much money on gambling.’